JAL Forecasts Larger $2.9B Loss For 2020

Japan Airlines Airbus A350-900

Japan Airlines Airbus A350-900

Credit: Rob Finlayson
Japan Airlines (JAL) now expects to record a net loss of ¥300 billion ($2.9 billion) for 2020 after its hopes for traffic recovery in the current quarter were dashed by a resurgence of COVID-19 cases in the country. In its fiscal 2020 third-quarter earnings released Feb. 1, the Tokyo-headquartered...
Guy Ferneyhough

Based in London, Guy Ferneyhough is Managing Editor, Aviation Week Intelligence Network, and Aviation Week's Podcast Editor.

Subscription Required

 

JAL Forecasts Larger $2.9B Loss For 2020 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.